Category: Becker Informer

Auditing Standards Board Update: Exempted Offerings

There are an increasing number of opportunities for nonpublic entities to raise funds; for example, crowdfunding, private placement offerings, franchise offerings, issuing municipal securities, or even issuing digital currency. The related offering documents may not be SEC regulated, as they are...


Tax Reform and the Joint Committee on Taxation

In late July, the Trump Administration and Republican Congressional leaders issued a joint statement on tax reform, signaling a shared vision for overhauling the tax code. Most discussions around tax reform have focused on the ‘Big Six’ who attached their name to the statement— House Speaker...


PCAOB Issues New Audit Report Requirements

The Public Company Accounting Oversight Board (PCAOB) approved a new format for audit reports of public companies, with the overall goal of providing more transparent and useful information to investors and other financial statement users.  AS 3101, The Auditor’s Report on an Audit of...


The Legislative Process: Tax Reform

“I feel like we just played the World Series of Tax Reform, and the American people won” – President Ronald Reagan Thirty years after President Reagan uttered those words upon signing the Tax Reform Act of 1986, many Americans are hoping they will be echoed by President Donald Trump.  But...